Hi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token with BTC pair.
On a 4-hr time frame, SNX has formed a bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Hi dear friends, hope you are well and welcome to the new update on Synthetix ( SNX ) token with BTC pair.
On a daily time frame, SNX is about to complete the final leg of bullish BAT move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
SNX is in an uptrend and has not increased strongly yet so we can expect it to happen in this turn.
The closest and quite safe target for profit taking is the 7000sts zone and if the SNX breaks out of this 7000sts, we will have a chance to sell in the 10000sts zone.
Private Idea :
![SNXBTC: ✳️Synthetix Network Token [SNX/BTC] on August 29 #SNX $SNX #SNXB](https://s3.tradingview.com/u/uBWcGR9L_mid.png "✳️Synthetix Network Token [SNX/BTC] on August 29 #SNX $SNX #SNXB")
